Trump, Musk promote the idea of ​​5,000 US

As a so -called Department of Government Efficiency Elon Musk and President Donald Trump have the idea that some savings in the form of 5,000 US dollars could return dividend controls.

However, experts say that it is too early to say whether such reviews could occur – and that it could have economic consequences for consumers.

Both Musk and Trump increased a proposal that James Fishback, CEO of the investment company Azoria, published on the Social Media platform X on February 18, which proposed to send millions of American households.

“Americans sent their hard -earned taxpayers to Washington, DC,” Fishback told CNBC.com. He said he believed that some of “these taxpayers were wasted”.

“There must be a refund to correct it,” said Fishback.

At the beginning of February, the White House published a list of 1.5 million US dollars mentioned as “waste and abuse” of Geldern at the US Agency for International Development to promote diversity, equity and recording at work in Serbia and 70,000 US dollars for a DEI musical in Ireland.

Under Trump, Dogge, a consulting group, has set the goal of reducing 2 trillion dollars to federal expenditure. Musk recently said in an interview that Target could possibly be the “best case result”, and there could be a “good shot” to cut half of this amount.

In his proposal, Fishback begins with the assumption that Dogy will achieve 2 trillion dollars of cuts for the government. Due to 20% of these total savings or around $ 400 billion, can leave this for around 79 million tax-paying households in order to receive a tax refund of $ 5,000 per fishback.

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The idea of ​​direct money may be known to the American households, of which millions of stimulus tests received in the cowid era. However, these payments differ from the stimulus tests that stimulate the economy in a time of weak gross domestic product growth, said Fishback, according to Fishback. In contrast to the stimulus checks, the Doge dividend checks only applies to households that pay federal income taxes, said Fishback.

The idea calls for a dividend that is closer to the Alaska permanent find because it would represent a share of savings collected, as Maya MacGuineas, President of the non -partisan committee for a responsible federal budget.

The discount would only be sent to households who are “net payers of the federal income tax” according to the plan – people who pay more tax than they come back. According to these conditions, the Americans would not qualify for the return with lower income. According to the PEW Research Center, most Americans who have adjusted gross income of less than $ 40,000 pay no federal income tax.

In the meantime, Fishback told CNBC.com that there is no minimum income request, but the Americans would have to submit a federal tax return to receive the money. The prospect of payments can offer an incentive for non -processing persons to reopen the employment population in accordance with the plan.

Of course, the conditions of the plan could change if the legislator decided to check it.

Trump welcomed the idea. Musk, who brought Trump on board to implement Doge, “is very true that the incentives are available” in order to get everyday Americans, waste, fraud and abuse, said Fishback about a recent conversation with the billionaire.

In order to send the Doge checks, the Trump government must need the consent of the congress. Fishback met with the members of House and Senate to promote the idea.

Last week the spokesman for House, Mike Johnson, R-La., Although it would be politically “great”, other priorities should come first. Experts say that Doge has to find out how much money was saved before they have checked the people in the mail.

“We have a federal debt of 36 trillion dollars. We have a huge deficit,” said Johnson. “I think we have to pay off the credit card.”

The deputy chief of staff of the White House, Stephen Miller, recently said that the Doge checks “” through the reconciliation process with the congress that is being underway “.

However, some experts have expressed doubts about the proposal.

“There is no appropriation for this,” said Elaine Kamarck, a senior scholarship holder at the Brooking’s institution, which led the national performance check of the Clinton government, which carried out cuts in order to modernize and improve the performance of the federal government.

“You cannot spend money without the congress telling you that you can spend money,” said Kamarck. “This is illegal.”

It also remains to be seen whether the Doge initiative can achieve sufficient savings to justify payments of 5,000 US dollars, said Kamarck. Even with the savings that Doge plans want to create, initiatives such as immigration immigration must require new or increased expenses in other areas.

Without having meaningful savings, it is premature to talk about dividend controls, said MacGuineas.

“The end result is, if you run 2 trillion US dollars every year, you can no longer give away money at stimulus checks,” said MacGuineas.

“Basically, they borrow more to give people back, but borrowing still falls on them,” said MacGuineas.

However, if Doge was able to achieve savings of 1 trillion US dollar a year, the returned savings in taxpayers would be absolutely sensible and desirable, “she said.

Inflation rose after the Covid pandemic and is still higher than the 2% goal of the Federal Reserve. Some experts fear that additional direct payments to Americans would contribute to more inflation.

“This is certainly the wrong time to have any kind of consumer incentive,” said Richter Glock, Head of Research and Senior Fellow at Manhattan Institute. “Inflation remains increased; any kind of stimulus would make this inflation worse.”

However, the amount of money saved as part of Doge may not provide any payments that are large enough to recharge the inflation, said Kamarck.

The prospect of direct payments takes place, since the congress can expand the extension of the provisions in the law on tax cuts and jobs later this year.

The package that pronounces deficit concerns is already added a number of guidelines, said Alex Muresianu, Senior Policy Analyst at Tax Foundation.

“This would be another very big deal to try to get stuck,” he said.

In the meantime, Fishback claims that Däge’s dividend checks simply reimburse the Americans that they have already contributed through income taxes.

In addition, the way in which the Americans would use unexpected $ 5,000 would be the debt that would save or invest in long-term goals such as retirement.

“Every American has the mechanism with a dog and the incentive with the dividend of Doge, this waste, fraud and this abuse,” said Fishback. “We will save more of our hard -earned taxpayers if we give every American skin in the game.”